Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.82% |
| 2 | Financials | 10.34% |
| 3 | Technology | 9.47% |
| 4 | Consumer Discretionary | 8.69% |
| 5 | Industrials | 8.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3051
BWX Technologies
BWXT
$14.6B
| $661K | ﹤0.01% |
11,560
-37,912
| -77% | -$2.12M |
|
3052
PUT
VeriSign
VRSN
$26.1B
| $660K | ﹤0.01% |
+3,500
| New | +$719K |
|
3053
Zoom
ZM
$27B
| $660K | ﹤0.01% |
+8,673
| New | +$781K |
|
3054
FreightCar America
RAIL
$267M
| $658K | ﹤0.01% |
135,797
-74,010
| -35% | -$370K |
|
3055
Westamerica Bancorp
WABC
$1.4B
| $658K | ﹤0.01% |
10,584
+6,100
| +136% | +$378K |
|
|
COUP
3056
DELISTED
Coupa Software Incorporated
COUP
| $658K | ﹤0.01% |
5,086
-332,782
| -98% | -$46.1M |
|
|
KG
3057
Kestrel Group
KG
$66.3M
| $655K | ﹤0.01% |
43,698
-29,633
| -40% | -$349K |
|
3058
Trupanion
TRUP
$1.13B
| $655K | ﹤0.01% |
25,768
-53,164
| -67% | -$1.56M |
|
|
LBC
3059
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $655K | ﹤0.01% |
57,835
+4,377
| +8% | +$47.8K |
|
|
CWEN.A
3060
DELISTED
Clearway Energy Class A
CWEN.A
| $654K | ﹤0.01% |
37,761
+22,866
| +154% | +$386K |
|
3061
Titan International
TWI
$488M
| $653K | ﹤0.01% |
242,105
-257,726
| -52% | -$848K |
|
3062
AstraZeneca
AZN
$270B
| $651K | ﹤0.01% |
7,304
-299,435
| -98% | -$26M |
|
3063
Direxion Daily FTSE China Bull 3X ETF
YINN
$756M
| $650K | ﹤0.01% |
1,974
+1,273
| +182% | +$457K |
|
|
VGR
3064
DELISTED
Vector Group Ltd.
VGR
| $650K | ﹤0.01% |
+77,027
| New | +$590K |
|
3065
First National Corp
FXNC
$286M
| $648K | ﹤0.01% |
34,333
-5,146
| -13% | -$97.8K |
|
3066
Paysign
PAYS
$523M
| $648K | ﹤0.01% |
+64,207
| New | +$855K |
|
|
BGFV
3067
DELISTED
Big 5 Sporting Goods
BGFV
| $647K | ﹤0.01% |
311,286
-236,903
| -43% | -$469K |
|
3068
Natural Health Trends
NHTC
$14.3M
| $647K | ﹤0.01% |
91,395
-65,640
| -42% | -$481K |
|
|
ZEPP
3069
Zepp Health
ZEPP
$65.4M
| $646K | ﹤0.01% |
16,153
-11,412
| -41% | -$479K |
|
|
B
3070
DELISTED
Barnes Group Inc.
B
| $646K | ﹤0.01% |
12,542
-219,664
| -95% | -$11M |
|
3071
Columbia Sportswear
COLM
$3.23B
| $645K | ﹤0.01% |
6,661
-344,279
| -98% | -$34M |
|
3072
Citizens Community Bancorp
CZWI
$210M
| $645K | ﹤0.01% |
+58,707
| New | +$643K |
|
3073
iShares MSCI USA Value Factor ETF
VLUE
$9.16B
| $644K | ﹤0.01% |
+7,851
| New | +$637K |
|
|
OTRK
3074
DELISTED
Ontrak
OTRK
| $642K | ﹤0.01% |
453
-1,025
| -69% | -$1.55M |
|
3075
BHP
BHP
$210B
| $641K | ﹤0.01% |
14,569
-72,502
| -83% | -$3.39M |
|
Similar funds
Millennium Management's Q3 2019 Portfolio in Review
As of Q3 2019, Millennium Management held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Millennium Management's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 12% a quarter earlier, followed by Financials and Technology.
- Millennium Management's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Millennium Management added most to Ameren in Q3 2019, an estimated $239M increase.
- Millennium Management's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Millennium Management fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Millennium Management's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Millennium Management opened 843 new positions and closed 727 in Q3 2019.
- Millennium Management's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.